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FINANCIAL NEWS
BLZ, Logistics Village Management sign a deal
31 Aug 2014
(MENAFN) The Bahrain Logistics Zone (BLZ) signed a tenancy agreement with Logistics Village Management, a leading developer of warehouses and logistics facilities, Gulf Daily News reported.
The BLZ and Logistics Village will together set up an economical and efficient warehousing solution to store, handle and distribute different products and materials, and provide the warehousing facilities to companies looking to lease prebuilt warehouses.
“We are confident that this venture will provide mutual benefits to meet the growing demand of specialized logistics across the markets of the Gulf. We selected Bahrain as our destination for the development of logistics warehouses for operations due to its prime location,” a joint statement by the companies said.
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